India's Mindtree joins Cadence's Jumpstart program

BANGALORE, India  India's Mindtree Consulting has enrolled as the first member of Jumpstart, a new Cadence program aimed at enabling semiconductor design services firms in India to ramp up quickly and without large capital expenditures.

Jumpstart provides design services firms access to Cadence technology while marketing their services to customers. The program has been specially developed for firms in India.
The program enables companies such as Mindtree to build competency and team expertise on Cadence software as they present their value to potential customers. The design services companies formally purchase the Cadence technology only after acquiring customers.
"MindTree has been a provider of front-end ASIC design and verification services," said S. Janakiraman, president and chief executive of R & D Services, MindTree Consulting Pvt. Ltd., in a statement. "MindTree is now keen to enter the back-end or IC implementation space. The Jumpstart program has enabled us to do this quickly and cost effectively," he added.
MindTree Consulting has purchased Cadence technology including RTL Compiler, First Encounter, Global Physical Synthesis, NanoRoute and CeltIC.